Allotment of shares and reduction of share capital
Ambuja Cements Ltd has informed BSE that the Stakeholders Relationship Committee at its meeting held on August 12, 2016 have approved/noted the following:-1. Approved allotment of 58,44,17,928 Equity Shares of the face value of Rs.2/- each to Holderind Investments Limited (HIL), Mauritius.2. Noted reduction of capital by 15,06,70,120 equity shares of the face value of Rs.2/- each of the Company being cancellation of the cross holding.12-08-2016